Financial Services • Stock broking and market making

Shreni Shares Limited is a SEBI registered stock broking firm based in Mumbai. It was incorporated on September 17, 2009 as Shreni Shares Private Limited and later became a public company. The business is share broking and market making. The company serves clients through 8 branches across 7 cities, 6 Authorised Persons (agents appointed with exchange approval) and online and digital platforms. It also gives Margin Trading Facilities, where clients trade by putting up only part of the amount. The DRHP says it is among the top 10 market makers in the SME exchange ecosystem and handled 37 mandates over FY2023 to FY2025, citing the D&B industry report. The money mostly comes from the company's own treasury book, not from clients. For the nine months ended December 31, 2025, treasury operations were 76.77% of revenue from operations. Market making fees were 8.46%, brokerage and commission fees 6.33% and margin trading interest 6.87%. Revenue from operations was ₹285.29 million in FY25 against ₹316.62 million in FY24, and restated profit was ₹168.26 million against ₹196.00 million. These are restated standalone figures from the DRHP. The promoters are Bhavesh Himmatlal Shah, Hitesh Natvarlal Punjani and Nidhi Bhavesh Shah. Together they hold 28,363,400 equity shares, which is 53.48% of the paid-up capital. Bhavesh Himmatlal Shah is the CEO and Managing Director. The company has filed its DRHP with SEBI for an IPO of up to 15,100,000 equity shares, made up of a fresh issue and an offer for sale. The price is not yet fixed. Shreni Shares unlisted shares trade off-market through dealers, and the prices are indicative only. IPO Guru shows an indicative price of ₹138 for a lot of 1000 shares, which implies a market cap of about ₹731.84 crore. This is not a recommendation.
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Data refreshed 09 Nov 2026, 12:00 am IST.